Insurers will only be willing to cover ships sailing through a proposed corridor to get Ukrainian grain out if there are arrangements for international navy escorts and a clear strategy to deal with sea mines, underwriters and brokers say.
Credit Suisse Group has appointed Robert Huray as vice chairman of its Southeast Asia investment banking and capital markets business, according to a memo seen by Reuters.
British ships ferried over 3 million enslaved African people across the Atlantic Ocean. Lloyd's of London insured many of those vessels, the people chained below deck sometimes categorized as “perishable goods”, alongside cattle, by the market's underwriters.